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20110726
20110726
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, jon karl and jake tapper in washington and all three told me they have never seen anything like this before. >> reporter: with just about a week to go, none of the leaders, none of them, not the president, not the speaker of the house, not the democratic leader of the senate, know how this is going to turn out. right now, there are no votes to pass anything. >> so, you are saying that the white house has no idea -- >> >> reporter: how this is going to play out? absolutely not. >> they have a plan? >> reporter: nonon at all. i have never seen a situation like this in 20 years in this town where nobody knows how it's going to end. >> republicans get to have their fight next year, right, in any case. we have fight about taxes in this country during an election year. why make the debt ceiling an issue? why make it about the debt ceiling as opposed to the fact that we're going to elect a president? >> reporter: because it's working for them right now. >> reporter: and diane, the question is, you got to force congress to do this. the republicans want to force congress to, and the pres
)s, other big costs. jake tapper and jon karl have been tracking it. >> reporter: last night after their prime time addresses to house speaker john boehner was overheard saying he didn't sign up to go mano a mano with the president after the president called for congress to compromise. the president spoke sternly to the american people last night blaming house republicans, especially freshmen, for holding up a debt deal. >> the only reason this balanced approach isn't on its way to becoming law right now is because a significant number of republicans in congress are insisting on a different approach. >> reporter: house speaker john boehner responded that the president wants to continue his rampant spending. >> the president often said we need a balanced approach, which in washington means, we spend more and you pay more. >> reporter: right now there are two competing bills, to raise the debt ceiling and reduce the deficit. a house one that likely cannot pass the senate and a senate one that cannot likely pass the house. both cut more than $1 trillion in spending and do not raise ta
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